Record inflow of global funds
Posted: Tue Feb 18, 2025 4:53 am
The contents of this article are objective data and information and do not constitute any investment advice
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The Dow Jones Industrial Average fell for nine consecutive trading days, the longest losing streak since 1978.
The reason for the Dow's decline is that funds are switching, selling some traditional financial and industrial stocks and buying technology stocks.
Financial stocks fell across the board, with U. Bancorp, Barclays, Regions japan phone number list Financial, Capital One Financial, and Deutsche Bank falling by more than 2%; energy stocks fell, with U. Energy and Apache Oil falling by more than 4%.
Technology stocks are rising like crazy! The quantum computing company surged 51.53% overnight and is up 1,738.99% this year.
A quantum computing company announced on Tuesday that it has signed a contract with NASA's Goddard Space Flight Center to use the company's entropy quantum computer Dirac3 to solve "advanced imaging and data processing needs."
U. technology stocks continued to soar, with Tesla up 3.64% and Apple up 0.97%, with their share prices hitting new alltime highs.
U. stocks continue to attract money. Goldman Sachs data shows that in the past nine weeks, U. stock ETFs and mutual funds have received inflows of up to $186 billion, a record high.
2
The Dow Jones Industrial Average fell for nine consecutive trading days, the longest losing streak since 1978.
The reason for the Dow's decline is that funds are switching, selling some traditional financial and industrial stocks and buying technology stocks.
Financial stocks fell across the board, with U. Bancorp, Barclays, Regions japan phone number list Financial, Capital One Financial, and Deutsche Bank falling by more than 2%; energy stocks fell, with U. Energy and Apache Oil falling by more than 4%.
Technology stocks are rising like crazy! The quantum computing company surged 51.53% overnight and is up 1,738.99% this year.
A quantum computing company announced on Tuesday that it has signed a contract with NASA's Goddard Space Flight Center to use the company's entropy quantum computer Dirac3 to solve "advanced imaging and data processing needs."
U. technology stocks continued to soar, with Tesla up 3.64% and Apple up 0.97%, with their share prices hitting new alltime highs.
U. stocks continue to attract money. Goldman Sachs data shows that in the past nine weeks, U. stock ETFs and mutual funds have received inflows of up to $186 billion, a record high.